Post Utme Unilag 2025 Economics Question 32

Practice objective / multiple choice question 32 from the 2025 Post Utme Unilag Economics examination.

Post Utme Unilag 2025 Economics Objective / Multiple Choice
Question 32 POST_UTME_UNILAG • 2025 • ECONOMICS • objective

A consumer's utility function is given by U = 2x + 3y, where x and y are the quantities of two goods. If the consumer's income is 100 and the prices of the two goods are 10 and 20 respectively, what is the consumer's optimal bundle?

Answer Options

A. x = 10, y = 20
Correct Answer B. x = 20, y = 10
C. x = 30, y = 15
D. x = 15, y = 30
Correct Answer
B
Correct Option:
x = 20, y = 10

About This Question

This is Post Utme Unilag 2025 Economics Question 32. It is one of the objective questions from the 2025 Post Utme Unilag Economics examination.

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